The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(10 - 33) Manufacturing (24 - 25) Manufacture of metals 24.4 - Manufacture of basic precious and other non-ferrous metals 24.42 - Aluminium production
600 - 750 jobs Number of planned job losses
Announcement Date
14 August 2025
Employment effect (start)
14 August 2025
Foreseen end date
31 December 2026
Description
Hydro, a Norwegian aluminium and renewable energy company, has announced a reduction of approximately 750 positions in administrative staff and support functions, engineering, sales and marketing, logistics and IT. Operators and other roles directly tied to production are not affected.
The measures aim to lower annual costs by NOK 1 billion and align the organisation with strategic priorities. The workforce reduction process starts immediately, with 600 FTE to be reduced by end-2025. A further 150 positions will be cut from 2026 through efficiency initiatives. This comes on top of an existing improvement program and cost reduction targets. The balance between voluntary and involuntary exits is not specified.
The company emphasises that it will conduct the restructuring process in close dialogue with employee representatives. Trade union Negotia reports ongoing dialogue and states it is still unclear who will be impacted. Hydro is operating in 40+ countries with about 32 000 employees globally and around 4 000 in Norway. The Norwegian state owns 34.26% of the shares through the Ministry of Trade, Industry and Fisheries.
Eurofound (2025), Norsk Hydro, Internal restructuring in Norway, factsheet number 203191, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203191.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
